BTCUSDT 4 h

hi my dear traders
As you see its after 2 year that Ethereum price is going to up , after CVID19 event that every assets was falling down in few hours!
the king of crypto (BTC) could took back the prices he already deserved ! ooh I definitely I do not want to create any misunderstand, even the Growth of bitcoin will make me so happy , i believe #BTC price will climb To above of 15000$ at 2020year !
but let see this chart in the case worse at reality:

1) The bulls have succeeded only touch a little Shadow in 10.100.000$ thats actually nothing!

2) you can see the (hanging-man)(pattern) At the bearish trend line In the range 9975$ that could falling back to about 9400$ for every bitcoin as soon as possible. also bolinger indicator will shows us the prices is above very top and will probably would try to get closer to the SMA ( red middle band)

3) in other hand (RSI oscillator) shows us 86.0 number this stock is very very bought right now (in time 4H frame) and maybe take few days for complete new correction , maybe in those few days we have cahnce for new buy position. i will repeated maybe or not!

note:
second senario: if bulls can hold #BTC price above 9300$ we can still hope to will breake seriously (Resistanse 10500 ~ 10900) !

atention :
its just my openion from price chart of BTC/USDT market, so pls dont
not trade withoud any self researchs. thank you so much

#hamed_mirzaie
#bitcoin

binancebitcoinusdtTrend Analysis

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